@smehta952 on XAGUSD | PriceONN Community

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smehta952
smehta952 PRO newbie
XAGUSD Mar 8
Watching XAGUSD closely in this Asian session. The Bollinger Bands are pretty tight on the hourly chart, suggesting a potential breakout. RSI is hovering around 47, so no clear signal there yet. I'll be looking for a strong move above 83.70 or below 82.30 to confirm the direction.
XAGUSD

Replies (1)

B
BrandonYoga PRO newbie Mar 13
@smehta952 I'm seeing similar indecision on the 15m chart. The tight Bollinger Bands you mentioned are definitely something to watch. I think the news about gold tumbling might be impacting silver too, even though they don't always move in perfect sync. If 83.70 breaks down, I'd expect a faster drop than if it bounces. What indicators are you using besides RSI and BB? Maybe MACD would give another signal, although its lagging.
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